Industry provides 10% high in 2017

After three years of declines, the industry expects to grow back in 2017. "Although there is not yet a consensus among the members of the Sinafer, we believe that there will be growth in 2017, around 10%, following the expected performance for the automotive industry," explains Cláudio Camacho, President of Sinafer-Union of iron Artifacts, metals and tools of SP according to Camacho, the associated entity has demonstrated a tempered optimism and the opinions are divided with expectation in the range between 6 and 10%. "Automakers are with expectation of growth between 10 and 12%, while automakers expect growth between 20 trucks and 25%. Historically, our industry has accompanied the performance of the automotive industry, which is the main consumer of the Country ", he adds.
Camacho recalls that, in addition to the automotive sector, the industry expects to receive also impulses the machinery and agricultural implements, which must be processed by a record crop, and the oil and gas sector. "The oil and gas sector has given signals that he''s on pace for resumption. Petrobras has announced new investments and some projects are being desengavetados. Is another positive factor, as it affects all the important chain of oil and gas industry in the country ".
Fall in 2016-the balance of tools, which will be released this week, shows that 2016 was below the estimate of manufacturers expressed early last year. On average, the decline was 9.4% in comparison with the previous year.
Between the segments that make up the sector represented by the Sinafer, the machining industry presented the most expressive reduction of 11.2%. Hand tools industry recorded a 7.2% decline, while industrial tools (cutting tools) fell 8.7%. The artifacts, utensils and iron and steel hardware closed the year with retraction of 7.9%.
According to the Sinafer, the General level of the production sector is 20% lower than in December 2012, the year of start of the new series of IBGE. Another negative was the 6.6% reduction in the number of employees from 213,046 in December 2015 to 199,088 in December 2016.
Exports-In accumulated from January to December 2016, the brazilian industry of tools, abrasives and machining exported $500 million in products, representing a 5.7% decline in export value over the same period to 2015. Brazilian exports of products in the sector allocated to Argentina totaled $60 million, with indentation of 1.4% compared to the year 2015. The industry imports totaled $1 billion, which represents a retreat of 24.6% from 2015.